Dallas Homes under $500,000

Welcome to Dallas, Texas – a vibrant city that perfectly blends modern urban living with rich cultural heritage. Known for its dynamic economy, diverse communities, and a robust arts scene, Dallas is a place where innovation thrives and traditions are cherished. With its iconic skyline, bustling neighborhoods, and a culinary landscape that boasts everything from BBQ joints to gourmet restaurants, there’s always something exciting happening in the heart of the Lone Star State.

For those looking to settle in this thriving metropolis, the housing market offers an enticing array of options, especially for homes priced under $500,000. Whether you’re a first-time homebuyer, a growing family, or someone looking to downsize, Dallas has a variety of charming neighborhoods that cater to every lifestyle.

Explore the family-friendly communities of North Dallas, where tree-lined streets and parks abound, or consider the vibrant atmosphere of Oak Cliff, known for its eclectic vibe and artistic flair. Each area boasts unique character and charm, making it easy to find a home that suits your needs without breaking the bank.

In addition to affordability, homes in Dallas under $500,000 often feature spacious layouts, modern amenities, and access to top-rated schools, making it an ideal choice for families. With a strong sense of community and a plethora of recreational opportunities, Dallas is not just a place to live; it’s a place to thrive. Embrace the Dallas lifestyle and discover your dream home in this remarkable city today!

Newest Dallas Homes under $500,000

$375,000

4 Beds ⋅ 2 Baths ⋅ 21404976 MLS

$10,000 seller concession with full offer. Step into a home where space, comfort, and natural light come together beautifully! Tucked away on an oversized cul-de-sac lot, this inviting 4 bedroom home offers a spacious layout designed for both everyday living and memorable gatherings. From the moment you enter, natural light fills the open living area and kitchen, creating a warm and welcoming atmosphere. A wall of windows provides peaceful views of the expansive backyard an ideal setting for morning coffee, weekend gatherings, or simply enjoying a little extra room to breathe. Fresh new flooring throughout the home gives the entire space a clean, modern feel. At the heart of the home, the kitchen features updated granite countertops, a gas burner cooktop, center island, recessed lighting, abundant cabinetry, and a pantry for plenty of storage. With two dining areas and an open connection to the living space, entertaining family and friends feels effortless. Additional highlights include a full-size laundry room with built-in cabinetry and a 2-car garage. With its oversized cul-de-sac lot, peaceful backyard, open-concept living spaces, and fresh updates throughout, this is a home that offers not only room to live, but room to make memories.

7043 Granville Ct, Dallas

$250,000

3 Beds ⋅ 1 Baths ⋅ 21405787 MLS

Located in Dallas' historic Lake Cliff neighborhood, this 1930 Craftsman offers classic character in one of Oak Cliff's most established historic districts. The home features approximately 1,550 square feet with 3 bedrooms, 1 bath, original wood floors, a fireplace, and a generous lot with mature trees. Historic architectural details blend with updates including plumbing, electrical, roof, HVAC, water heater, new foam insulation in the attic, and restored historic style windows. The property is located within the Lake Cliff Historic District, a designated Dallas Landmark District and National Register Historic District known for its collection of early 20th century homes and connection to Lake Cliff Park which is just one block away. Bishop Arts District is approximately a 10 minute walk from the home with convenient access to Downtown Dallas, Zang Boulevard, major highways, and other Oak Cliff amenities. A great opportunity to own a piece of history with character, space, and potential.

305 E 6th St, Dallas

$160,000

3 Beds ⋅ 2 Baths ⋅ 21403809 MLS

This property is an investor’s dream or the perfect opportunity for someone ready to reimagine a space and make it their own. The rock fireplace serves as the focal point of the living room, creating a warm and cozy atmosphere. Located toward the rear of the home, the kitchen offers convenient access to the backyard, where a spacious patio and large yard provide plenty of room for entertaining family and friends. The long driveway extends all the way to the back of the house, offering convenient access and additional possibilities. Come see the potential for yourself and imagine all the ways you can transform this property into your dream home.

6645 Racine Dr, Dallas

$155,000

2 Beds ⋅ 2 Baths ⋅ 21402612 MLS

Great opportunity in the gated Creekbend Condominiums! This 2-bedroom, 2-bath condo offers 998 sq ft of living space plus assigned covered carport parking. Residents enjoy community pools, a tennis court and a clubhouse, and HOA dues cover grounds and structure maintenance, insurance and full use of the amenities. Located in Richardson ISD just minutes from Richland College, with easy access to I-635 and US-75 for a quick commute anywhere in Dallas. INVESTORS TAKE NOTE: Seller is also selling 4 more units at the same price of $155,000 - a rare chance to buy multiple units at once. Ask about purchasing more than one unit!

12484 Abrams Rd Unit 1623, Dallas

$235,000

4 Beds ⋅ 2 Baths ⋅ 21402583 MLS

Welcome to 1414 Tempest Drive! This charming brick home offers a wonderful blend of comfort, character, and outdoor living. Nestled among mature trees, the property features inviting curb appeal, a spacious front yard, and an extended driveway with ample room for parking. Out back, you'll find a generously sized, tree-lined yard with plenty of room to relax, entertain, garden, or bring your outdoor vision to life. The expansive concrete patio creates an ideal setting for weekend barbecues, outdoor dining, and gathering with friends and family. Additional highlights include solar panels and a backyard storage shed for added convenience. With its established setting, versatile outdoor spaces, and room to make it your own, this Dallas home is full of possibilities. Come see everything 1414 Tempest Drive has to offer!

1414 Tempest Dr, Dallas

$200,000

3 Beds ⋅ 2 Baths ⋅ 21406350 MLS

Calling all investors, home flippers, and buyers looking for their next renovation project! Located at 1441 Wagon Wheels Trail in Dallas, this brick home offers 3 bedrooms, 2 bathrooms, a converted garage, and plenty of potential to renovate, update, or reimagine to maximize its value. Situated on a generous 7,800-square-foot lot (65 x 120), the property provides ample outdoor space and opportunities for improvements. Conveniently located approximately 20 minutes from Downtown Dallas, with access to major highways, shopping, dining, grocery stores, parks, and everyday conveniences. Whether you're looking for your next fix-and-flip project, a potential rental investment, or a property to renovate and make your own, this is an opportunity to bring your vision to life. Property is being sold AS-IS, WHERE-IS. Seller will make no repairs. Bring your contractor, explore the possibilities, and take advantage of this investment opportunity in Dallas!

1441 Wagon Wheels Trl, Dallas

$399,900

4 Beds ⋅ 3 Baths ⋅ 21406305 MLS

FINAL OPPORTUNITY! The charming Winslow at Middlefield Village welcomes you with a beautiful open-concept layout that's perfect for relaxing and entertaining. As you enter the home, you’ll be impressed by a long foyer and two generous secondary bedrooms—each with a walk-in closet—sharing a full hall bath. Beyond the foyer, you’ll find a wide-open great room, gracious dining area and well-appointed kitchen with walk-in pantry. You'll also appreciate a functional laundry room off the garage. Nestled in the back of the home, the elegant primary suite features a roomy walk-in closet and private ensuite bath with dual sinks and walk-in shower. Conveniently situated near I-20 and I-45, Middlefield Village is an easy drive from downtown Dallas, along with regional employment & entertainment hubs. Prime location near shopping, dining and an abundance of outdoor recreational opportunities! Est. December completion!

3518 Middlefield Rd, Dallas

$300,000

4 Beds ⋅ 2 Baths ⋅ 21406285 MLS

Large lot property with excellent potential in a highly desirable Dallas location! This 4-bedroom, 2-bath home offers an opportunity for a buyer looking to renovate and make the property their own, while the expansive two-lot configuration provides significant land value and flexibility for future plans. The existing home may be well suited for a handyman or investor seeking a renovation project. Buyers may also explore the potential for new construction or redevelopment, subject to zoning, city requirements, and applicable restrictions. Whether you choose to renovate, build, or hold for future investment, this property offers multiple possibilities. Conveniently located near Dallas Love Field Airport, the Medical District, Uptown, Downtown Dallas, and the Design District, providing easy access to employment centers, dining, entertainment, shopping, and major transportation routes. The value is in the land and location. Bring your vision and take advantage of this one-lot duplex opportunity in an established and convenient Dallas corridor. Buyer to verify all information, including lot dimensions, zoning, permitted uses, and development potential.

6916 Victoria Ave, Dallas

$122,500

1 Beds ⋅ 1 Baths ⋅ 21403598 MLS

Enjoy a cozy fireplace, separate dining area, and a small patio perfect for morning coffee or relaxing outdoors. Full-size stacked washer and dryer connections add everyday convenience. HOA dues under $200 per month cover water, grounds maintenance and community amenities, including a swimming pool. Previously used as an Airbnb, this condo offers furnishings that can be negotiated with the sale, making your move even easier. A welcoming place to call home. Schedule your showing today!

9254 Forest Ln Unit 106, Dallas

$250,000

3 Beds ⋅ 3 Baths ⋅ 21405380 MLS

A welcoming entry opens to a two-story layout with wood flooring, a staircase to the upper level, and an open main living space. The living area features a gas-log fireplace with glass doors, recessed lighting, a ceiling fan, and architectural ceiling detail, while an adjoining dining area offers a defined space for meals and entertaining. The kitchen is arranged around a large center island with granite countertops, abundant white cabinetry, and tile backsplash, with a layout that keeps it connected to the surrounding living areas. A separate laundry room provides additional built-in cabinetry. Upstairs, the spacious primary bedroom features a vaulted ceiling and ceiling fan, along with an en suite bath offering a double vanity, a separate soaking tub and glass-enclosed shower, and a generously sized closet with extensive shelving. Additional bedrooms provide flexibility for sleeping, office, or hobby space, and a secondary full bath serves the upper level. Outside, a private fenced patio with pavers and a wood pergola creates an inviting spot for outdoor seating or dining. An attached two-car garage adds convenient parking and storage. La Buena Vida community amenities include a pool, tennis court, clubhouse, and fitness center. Conveniently positioned near the Dallas North Tollway and President George Bush Turnpike, the location provides access to Addison-area dining, shopping, and entertainment, along with nearby outdoor destinations including Winnwood Park, White Rock Creek Trail, and Addison’s network of parks and trails.

18240 Midway Rd Unit 1602, Dallas

$379,900

2 Beds ⋅ 3 Baths ⋅ 21406106 MLS

--Ask about FHA financing and preferred lender incentives!-- Experience modern East Dallas living in this newly constructed condominium offering 2 bedrooms, 2.5 bathrooms, and thoughtfully designed living space. The open-concept floor plan features a spacious eat-in kitchen with striking waterfall quartz countertops, custom cabinetry, premium stainless steel appliances, and luxury vinyl plank flooring, all complemented by abundant natural light. Upstairs, both bedrooms serve as private retreats with en suite bathrooms, while a dedicated laundry area adds everyday convenience. An attached two-car garage, gated access, and a private back yard provide both security and ease. Ideally located just minutes from Lower Greenville, Lakewood, Knox-Henderson, and downtown Dallas, this home combines sophisticated design, low-maintenance living, and an exceptional location. Photos may be of a similar unit.

5320 Reiger Ave Unit 107, Dallas

$275,000

4 Beds ⋅ 2 Baths ⋅ 21405209 MLS

Welcome home to this inviting single-story property offering a spacious and functional layout designed for comfortable everyday living. The generous living area features wood-look flooring and flows naturally into the dining and kitchen spaces, creating an open feel that's great for both relaxing and entertaining. The kitchen offers abundant cabinet and counter space, a large center island, and an open view into the main living area. The bright dining space is surrounded by windows that bring in plenty of natural light and provides convenient access to the backyard. The floor plan offers great separation of space, including a private primary suite with a walk-in closet. Step outside to a fully fenced backyard with plenty of green space for entertaining, pets, gardening, or simply enjoying the outdoors. An attached two-car garage provides additional convenience and storage. Conveniently located in Dallas near shopping, dining, parks, and major roadways, with easy access to **Pleasant Oaks Park, Gateway Park, the Dallas Arboretum and Botanical Garden, White Rock Lake, Fair Park, and Downtown Dallas. A great opportunity to enjoy comfortable living while staying connected to everything Dallas has to offer.

9103 Prairie Bluff Dr, Dallas

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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